Thread regarding Saudi Aramco layoffs

What's the pattern?

It is obvious that they want to hide the fact that slow layoffs are happening. I continuously hear that some people or some groups have been laid off.
There doesn't seem to be much logic in targeting those who are no longer needed here. Or is there???
I was surprised to hear that some people for whom I thought were very safe got laid off.

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Post ID: @OP+1anNfAOX

7 replies (most recent on top)

The company, like others, have always laid people off who are either not needed, or not good. It’s the way of life.

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Post ID: @6nfp+1anNfAOX

And that is why public listing in New York or other "Reputed" exchanges is veeeeery unlikely. SOX compliance wouldn´t allow it.

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Post ID: @5xpd+1anNfAOX

Does this really surprise anyone? It is clear why they wanted special status by the major stock exchanges before listing Aramco so they could hide embarrasing company operational and financial information from investors. In other words lie. To many skeletons in the closet.

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Post ID: @5msp+1anNfAOX

"A Bloomberg Opinion estimate puts Aramco’s Scope 3 emissions at 1.6 billion tons, which is more than 4% of all global emissions.". They are not only disgusting as creatures, but are also World's top pollutants.

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Post ID: @1vpe+1anNfAOX

Been hearing news from various sources but very vague. If anybody has info, report.

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Post ID: @1bvs+1anNfAOX

There is a clear pattern, these tribal minded mn*ws are mis-using market condition to settle their scores against expats, who did not bow down to their orders of falsifying data to make them look World's number one. Some of the guys were star performers in their careers before meeting these bunch of liars. Following is media report,

https://www.aljazeera.com/economy/2021/4/6/bbaramcos-new-disclosures-still-understate-its-carbon-footprint

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Post ID: @1hny+1anNfAOX

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